Shares of Crocs tumbled 18% after the comfy shoe maker posted disappointing profits, blaming its struggling loafer brand, HeyDude. Crocs executives admitted during a Tuesday earnings call that its ...
Crocs, Inc. (NASDAQ:CROX) shares are trading lower after the company reported third-quarter financial results and lowered its revenue guidance related to the HEYDUDE Brand. The company reported ...
By brand, Crocs Brand grew 8% with international up 17% and North America up 2%. HEYDUDE revenues contracted 17% slightly below our expectations. Adjusted diluted EPS of $3.60 a share increased 11%.